Bitcoin rebounds from a 3-month low: it touched $62,006 last night — its lowest level since early July — then recovered to around $64,700, up about 4.5% from the low. Over 24 hours, BTC ranged from $62,006 to $67,523, but was still down ~3.5% on the day and 13.5% over 7 days, nearly 49% below its $126,080 peak.
Sentiment remains extremely fearful: the Fear & Greed Index is at 10, while the daily RSI is around 20–22, deep in oversold territory. Less than 45% of the active BTC supply is still in profit; the average cost basis for short-term holders is $75,068, meaning recent buyers are down ~13.5% on average. More than $1.95 billion in derivatives positions were liquidated over 24 hours, mostly longs. Spot Bitcoin ETFs saw net outflows of $185.4 million in the 13/11 session, bringing the total over 5 sessions to around $1.07 billion.
Levels to watch: support at $63,300–$63,500, followed by $62,000 and $60,000; resistance at $65,000, $65,600, and $67,500–$67,900. Base case for the next 24 hours: range-bound trading between $63,500 and $66,500 before the weekly candle closes.
Among the top 100, $KCS fell 4.19% to ~$6.16 — the biggest decliner not mentioned in recent articles.
Do you think BTC can hold $62,000, or will it retest $60,000 first?
#CryptoNews #Bitcoin #BTC #Altcoin
For informational purposes only; not investment advice.
Sentiment remains extremely fearful: the Fear & Greed Index is at 10, while the daily RSI is around 20–22, deep in oversold territory. Less than 45% of the active BTC supply is still in profit; the average cost basis for short-term holders is $75,068, meaning recent buyers are down ~13.5% on average. More than $1.95 billion in derivatives positions were liquidated over 24 hours, mostly longs. Spot Bitcoin ETFs saw net outflows of $185.4 million in the 13/11 session, bringing the total over 5 sessions to around $1.07 billion.
Levels to watch: support at $63,300–$63,500, followed by $62,000 and $60,000; resistance at $65,000, $65,600, and $67,500–$67,900. Base case for the next 24 hours: range-bound trading between $63,500 and $66,500 before the weekly candle closes.
Among the top 100, $KCS fell 4.19% to ~$6.16 — the biggest decliner not mentioned in recent articles.
Do you think BTC can hold $62,000, or will it retest $60,000 first?
#CryptoNews #Bitcoin #BTC #Altcoin
For informational purposes only; not investment advice.
